Roughly 40 Percent of Americans Say They Recently Suffered Financial Difficulties, Study Shows

Soldiers assigned the Ohio National Guard’s HHC 1-148th Infantry Regiment – 37th Infantry Brigade Combat Team and the Ohio Military Reserve, give the thumbs-up for troopers assigned to the Ohio State Highway Patrol, to send more vehicles through the line at a drive through food distribution event at the Toledo Northwestern Ohio Food Bank, May 9, 2020. The food bank teamed up with the Ohio National Guard and the Highway Patrol to conduct the first-ever drive through event at the food bank. More than 700 Ohio National Guard and Ohio Military Reserve members were activated to provide humanitarian missions in support of Operation Steady Resolve COVID-19 relief efforts, continuing The Ohio National Guard’s long history of supporting humanitarian efforts throughout Ohio and the nation. To date, the Ohio National Guard has assisted in the distribution of more than 9.9 million pounds of food and pantry items to Ohioans in need. (Air National Guard photo by Senior Master Sgt. Beth Holliker)

Over 40% of U.S. households said they experienced severe financial hardship during the COVID-19 pandemic, citing difficulties paying bills, credit cards and draining their savings, according to a Harvard University report.

The survey conducted by the Harvard T.H.Chan School of Health, the Robert Wood Johnson Foundation, and the National Public Radio asked roughly 3,600 participants between July and August about problems they faced during the pandemic and how it affected their lives in recent months. Respondents were asked about financial, healthcare, education and personal safety concerns.

Roughly 30% of adults interviewed said they used up all or most of their savings during the pandemic, while 10% reported they had no savings before the pandemic began, according to the report.  About one in five households had difficulties paying credit cards, loans, and other debts as well as utilities.

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North Carolina Chick-Fil-A Offering $19 an Hour for Full Time Employees is Still Struggling for Applicants

The Hendersonville, North Carolina Chick-fil-A is having a hard time finding employees, despite offering $19 an hour as a pay rate for full time positions. Along with the high wage pay, Chick-fil-A also offers other incentives as well.

In response to an Its Scoop Nashville Tweet about the restaurant’s struggle to find workers, one user replied, “say it with me, HENDERSONVILLE.” Implying that the location was what has been causing the lack of applicants.

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U.S. Economy Added 194,000 Jobs in September, Badly Missing Expectations

Person using a laptop, pointing to the screen

The U.S. economy reported an increase of 194,000 jobs in September, and the unemployment rate fell to 4.8%, according to Department of Labor statistics.

The number of unemployed people fell by 710,000 to 7.7  million, according to the Department of Labor statistics released Friday.   Economists projected that employers created 500,000f jobs in September, more than double the figure in August, according to the Wall Street Journal.

Despite the spike in employment, the labor market remains thin due to the pandemic, and job growth earlier in the year was considerably stronger, according to the WSJ.

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Nearly 2,500 New Ohio Jobs Expected from Development Projects

Gabriel Brother's store with a woman holding Gabe's bags

A dozen new economic development projects are expected to create nearly 2,500 new jobs across Ohio, Gov. Mike DeWine said Monday.

The largest is a new distribution center in Springfield for West Virginia-based Gabriel Brothers. The company expects to start construction later this month on 114 acres of land. The facility should create 833 new jobs and mean $27.8 million in annual payroll.

Gabe’s is a discount department store chain that sells clothes, shoes, home décor, kitchen items and other goods.

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Georgia Department of Public Safety: Salary Increase for Employees Is ‘Mandatory’

officer using radar gun in SUV to check Georgia residents' speed

One of Georgia’s top law enforcement officials is calling on Georgia lawmakers to increase taxpayer-funded pay and benefits for state law enforcement employees.

Georgia Department of Public Safety Chief of Staff Maj. Joshua Lamb told members of the Senate Retirement Security for Georgians Study Committee on Thursday it is “mandatory” to increase pay to recruit and keep current law enforcement employees.

Lamb said the department has a 22% turnover rate and annual job applications have decreased by 60% over the past three years.

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University of Michigan-Flint Grant to Support 300 Jobs, $10.4M Investment in Flint

The U.S. Secretary of Commerce’s Economic Development Administration (EDA) awarded a $3.8 million Coronavirus Aid, Relief, and Economic Security Act (CARES) Recovery Assistance grant to the University of Michigan-Flint, Flint, to construct the university’s new College of Innovation and Technology.

The grant, to be matched with $4.9 million in local funds, is expected to create 126 jobs, retain 175 jobs, and generate $10.4 million in private investment.

“We are grateful to Secretary Raimondo and the Biden Administration for investing in University of Michigan-Flint’s College of Innovation and Technology,” Whitmer said in a statement. “This grant will help us usher in a new era of prosperity by supporting over 300 good-paying jobs and generating $10.4 million in private investment.” 

Mayor Sheldon Neeley welcomed the investment.

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U.S. Economy Added Just 235,000 Jobs in August, Way Short of Economists’ Projections

Woman organizing table contents in restaurant

The U.S. economy added 235,000 jobs in August and the unemployment rate fell to 5.2%, according to Department of Labor data released Friday.

The number of unemployed people decreased to 8.4 million, according to the Bureau of Labor Statistics report. Economists projected 720,000 Americans — roughly three times the actual number — would be added to payrolls prior to Friday’s report, The Wall Street Journal reported.

“Despite the delta variant, there is still an opening up of the service sector of the U.S. economy,” Nationwide Mutual Insurance Chief Economist David Berson told the WSJ. “While that started some months ago, it’s not nearly complete.”

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U.S. Economy Added Whopping 943,000 Jobs in July as Recovery Accelerates

Group of people gathered, talking next to an office desk

The U.S. economy reported an increase of 943,000 jobs in July and the unemployment rate fell to 5.4%, according to Department of Labor data released Friday.

Total non-farm payroll employment increased by 850,000 in July, according to the Bureau of Labor Statistics report, and the number of unemployed persons decreased to 8.7 million. Economists projected 845,000 Americans would be added to payrolls prior to Friday’s report, The Wall Street Journal reported.

“The jobs recovery is continuing, but it’s different in character to any we’ve seen before,” payroll software firm ADP economist Nela Richardson told the WSJ. “I had been looking at September as a point when we could gain momentum—with schools back in session and vaccines widely available. But with the delta variant, we need to rethink that.”

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Labor Shortage Slows Oil Production in Major Fracking State

A shortage of workers has contributed to a significant crude oil production slowdown in North Dakota, the second-largest U.S. oil hub behind only Texas.

The labor shortage has caused oil output to become “flat as a pancake,” North Dakota State Mineral Resources Director Lynn Helms told The Bismarck Tribune. Energy companies have struggled to find workers needed to do the laborious work — injecting water, sand and chemicals into wells to extract oil — associated with fracking.

“Most of these folks went to Texas where activity was still significantly higher than it was here, where they didn’t have winter and where there were jobs in their industry,” Helms said, according to the Tribune. “It’s going to take higher pay and housing incentives and that sort of thing to get them here.”

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Michigan Jobs 322,000 Under Pre-Pandemic Level

Detroit skyline at night

Sixteen months after the COVID-19 pandemic began, Michigan is still behind 322,000 jobs compared to pre-pandemic in Feb. 2020. 

Michigan’s seasonally adjusted jobless rate of 5% percent was unchanged in June, according to data released by the Michigan Department of Technology, Management & Budget.

“Michigan’s labor market indicators were little changed in June,” Wayne Rourke, the associate director of the Bureau of Labor Market Information and Strategic Initiatives, said in a statement. “The Michigan unemployment rate has been near 5.0 percent for five consecutive months. Payroll job counts in June were similar to March levels.”

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Gov. Whitmer Secures $10 Million Grant to Expand Employment Opportunities

A male doing electrical work with a ball cap and safety glasses on

Gov. Gretchen Whitmer announced the Michigan Department of Labor and Economic Opportunity (LEO) has been awarded a $10 million federal grant to support the state’s registered apprenticeship expansion efforts.

“As we put Michigan back to work, Registered Apprenticeship programs offer on-ramps to high-demand, high-skill careers, and in Michigan we have committed to expanding these educational opportunities to ensure more Michiganders can get good-paying jobs,” Whitmer said in a statement.

“Increasing access to education and training opportunities will help us achieve our 60 by 30 goal to have 60% of Michigan’s adult with post-secondary education or skills training by 2030, improve the quality of life and help Michiganders secure good-paying jobs, and ensure businesses have the workforce they need to succeed and grow our economy.” 

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Economy Added 850,000 Jobs in June, Well Above Economists’ Forecasts

Person using a laptop, pointing to the screen

The U.S. economy reported an increase of 850,000 jobs in June and the unemployment rate ticked up to 5.9%, according to Department of Labor data released Friday.

Total non-farm payroll employment increased by 850,000 in June, according to the Bureau of Labor Statistics report, and the number of unemployed persons increased to 9.5 million. Economists projected 700,000 Americans would be added to payrolls prior to Friday’s report, according to The Wall Street Journal.

“This is a trickier phase of the recovery,” Wells Fargo senior economist Sarah House told The New York Times.

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Commentary: Minimum Wage Hikes Led to Lower Worker Compensation, New Research Shows

Opponents of minimum wage laws tend to focus their criticism on one particular adverse consequence: by artificially raising the price of labor, they reduce employment, particularly for the most vulnerable in society.

“Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers,” economist Murray Rothbard wrote in 1978. “Because a minimum wage, of course, does not guarantee any worker’s employment; it only prohibits, by force of law, anyone from being hired at the wage which would pay his employer to hire him.

Though some economists, such as Paul Krugman, reject Rothbard’s claim, a recent study found the overwhelming body of academic research supports the idea that minimum wage laws increase unemployment.

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‘Operation Warp Speed for Jobs’: Worker Shortage Is Getting Worse, U.S. Chamber Says

Construction workers

The U.S. Chamber of Commerce characterized the worker shortage as a crisis that is hurting businesses of all sizes and slowing the nation’s economic recovery.

The biggest challenge U.S. businesses currently face is the lack of qualified workers to fill open jobs, according to the Chamber of Commerce’s America Works Report released Tuesday morning. The national Worker Availability Ratio (WAR) — or ratio of number of available workers to number of available jobs — has dropped over the last several months, the report found.

The current WAR is 1.4, meaning for every job opening there are one or two workers available, according to the America Works Report. The historical WAR average over the last 20 years is 2.8.

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Ohio Restaurants, Bars Struggle to Find Employees

An empty bar

As sales slowly improve, Ohio’s restaurants and bars now face another issue that threatens ongoing COVID-19 pandemic recovery efforts: lack of employees.

Ohio Restaurant Association President and CEO John Barker believes the intentions behind continued federal and state stimulus benefits are good, but a consequence is a lack of available employees as the state eases COVID-19 restrictions and customer traffic increases.

“Unemployment is an issue. There’s no question about it,” Barker said. “The intention by the government, both at the federal and state level, was to take care of people who are displaced and very much in need. It was the right thing to do. The problem we have now is these are looking like they’re going to be extended all the way through the fall. On top of that, people are getting big stimulus checks. And in some cases, they may be making more money staying at home than going back to work. And so, it’s a combination of factors.”

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Commentary: ‘Follow the Science’ with Dr. Fauci

No matter what we are told by the “experts,” science is constantly evolving and is rarely ever as settled as those in power want us to believe. Doctors are often forced to make consequential decisions and recommendations based on partial or incomplete sets of data and information. Perhaps no one knows this better than Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases.

According to Fauci, it is now safe for schools to reopen. All it took was the passing of President Biden’s “COVID relief bill,” which will likely be signed into law this week. “As we now have the relief bill signed at $1.9 trillion — a lot of that is going into addressing COVID-19 including help to the schools to allow them to more safely bring the kids back,” Fauci said on Monday. Considering that the Congressional Budget Office estimated that 95 percent of the money appropriated from the bill to fund schools will not be spent this year, there was no reason for Fauci to present its passing as a prerequisite for reopening schools — unless of course we fool ourselves into believing that he is motivated by science, and not by whatever the Biden administration tells him to say.

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Analysis: Jobs, Housing Show Recovery Continues

There were only two insightful reports on the economy this past week—for jobs and housing. Both show impressive gains.

Weekly initial unemployment claims fell by 56,000, to 787,000. They are down more than 100,000 from a month ago. There has also been a substantial decline in the insured unemployment rate to 5.7 percent from 8.7 percent a month ago. Also, the number of people receiving unemployment insurance payments fell to 8.4 million; it was 12.6 million a month ago.

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Commentary: 4.4 Million Lose Unemployment Benefits Since August as Pelosi Puts Politics Above People

Small business relief, supporting 5.2 million small businesses and 50 million jobs, ran out on Aug. 8 and airlines ran out of money last month as massive layoffs have been ensuing.

In the meantime, House Speaker Nancy Pelosi (D-Calif.) continues to refuse a deal from President Donald Trump to extend these CARES Act programs — even if it means she loses a few seats in the House over it.

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CVS to Hire 15,000 Employees in Preparation for Flu Season, COVID-19 Vaccine Rollout

CVS Health announced that it would bring on approximately 15,000 additional workers in preparation for the upcoming flu season and an expected rise in coronavirus cases before the distribution of an eventual vaccine.

The hirings will take place before the year’s end, the company said Monday in a statement. Though most of the positions are temporary, many could transition into full-time positions, CVS said.

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Indeed Employment Website Ranks Advance Financial Eighth in Top Workplaces

  If you’re looking for a job, employment search website Indeed has a suggestion: Advance Financial. Nashville-based Advance Financial recently ranked eighth on an annual nationwide list of top workplaces for compensation and benefits, placing ahead of companies like Apple, GEICO, Comcast, AT&T, Boeing, Starbucks and ALDI. Indeed’s list of top employers is available here. “They say money can’t buy you happiness … but it’s still a crucial consideration whenever you’re looking for a job,” Indeed says in its announcement. Indeed compiled the list by analyzing more than 100 million employer reviews and ranking the companies based on their average rating and number of reviews in the last two years. This is the first year Advance Financial has been selected. “What an unbelievable honor to be ranked among some of the most successful companies in the world for our compensation and benefits package,” said Tina Hodges, chief executive and chief experience officer of Advance Financial. “It may sound cliché, but we truly wouldn’t be where we are without our employees.” Advance Financial’s employee benefits include: 40 hours paid time off to volunteer in the community, an onsite nurse, gym, weekly yoga classes, above market starting hourly rates, 401(K) matching plans,…

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New Data Suggest Continued Expansion in the Manufacturing Sector in February

by Robert Hughes   The Manufacturing Purchasing Managers’ Index from the Institute for Supply Management registered a 54.2 percent reading in February, down from 56.6 in January (see top chart). Despite the pullback, the index remains well above neutral, suggesting continued expansion for the manufacturing sector. According to the Institute for Supply Management, “A PMI above 42.9 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the February PMI indicates growth for the 118th consecutive month in the overall economy and 30th straight month of growth in the manufacturing sector.” Among the key components of the Purchasing Managers’ Index, the New Orders Index came in at 55.5 percent, down from 58.2 in January (see bottom chart). February was the 34th consecutive month with readings above 50. Analysis by the Institute for Supply Management suggests that readings above 52.5 for a period of time are consistent with rising real new orders for manufacturers. The production index was at 54.8 percent in February, down from 60.5 in January. February marks the 30th month in a row above 50. The results suggest production grew in February but the pace was slower than January. Weather may have been…

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The Booming Job Market Is Leading Teachers to Quit at Record Levels

by Tim Pearce   Public education employees such as teachers and janitors are quitting jobs in record numbers, an uncommon trend in a profession that often rewards longevity, The Wall Street Journal reported. Many industries in the past year have seen a historically high rate of workers quitting. A tight labor market and sluggish wage growth are making job transfers less risky and long-term unemployment less likely for most Americans. People working in the public education sector are still less likely to quit their jobs than the average worker across all industries. Roughly 0.8 percent of public educators quit in the first 10 months of 2018 versus a rate of 2.4 percent across the American workforce in 2018, WSJ reported Friday. The rate of people quitting public education positions has nearly doubled since 2009, however, when jobs in the steady field were prized in the unsteady labor market rocked by a recession. The current rate of quitting is also at its highest since the Department of Labor began tracking the stat in 2001. A December EdChoice survey indicated public educators may be growing more unsatisfied with their jobs and careers. “During the recession, education was a safe place to be,”…

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Commentary: Millions of Americans Would Be Hurt By Bernie Sanders’ War on Walmart

by Amanda Snell   Sen. Bernie Sanders is back again, with yet another attempt to indirectly mandate the $15 an hour minimum wage. It’s called the Stop WALMART Act, or Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act. It would affect large (500-plus employees) companies, and among other things would prohibit them from buying back stock unless they pay employees at least $15 an hour. [For a discussion of why big companies sometimes buy back their own stock click here] Taking to Twitter, Sanders, I-Vt., attacked the Walton family specifically. [The liberal Left continue to push their radical agenda against American values. The good news is there is a solution.] I say to the Walton family of Walmart: The American people are sick and tired of subsidizing your greed. Get off of welfare and pay your workers a living wage. pic.twitter.com/VxgIxQEON8 — Bernie Sanders (@SenSanders) November 16, 2018 Walmart is an obvious target for the democratic socialist: The company’s total revenue in 2018 was a cool $500 billion, and it employs more than 1.5 million people in the U.S. alone. Socialists like Sanders are eager to portray big corporations as the epitome of capitalism’s evil, but in…

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EPA Delays Repeal of Obama-Era Truck Regulations Causing Mass Layoffs

by Michael Bastasch   The Environmental Protection Agency (EPA) will not be providing any near-term relief to manufacturers burdened by Obama-era regulations on glider kits, two sources familiar with the matter told The Daily Caller News Foundation. EPA Acting Administrator Andrew Wheeler told EPA staffers Wednesday he would not be granting glider kit manufacturers a compliance extension, one source with knowledge of the meeting told The DCNF. A second source said EPA would instead be issuing a rule to keep the glider industry from going under in the long-term, but that’s not expected to come out until late next year. An EPA spokesman confirmed the agency is working on a glider rule. “EPA is continuing to develop a rule for the glider industry that better balances economic growth alongside continued environmental progress,” EPA spokesman James Hewitt told The DCNF. Gliders are new truck chassis fitted over refurbished engines, which typically cost less and are more fuel efficient than new trucks. Obama-era rules capped glider kit production at individual companies, meaning some have had to lay off hundreds of workers to decrease their output. It’s another hurdle in the Trump administration’s plan to keep companies that refurbish used truck engines from…

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‘Don’t Screw Us Over,’ Ohio Workers Warn Candidates

by Ramon Taylor   Brandy Corwin likes that she can now wear makeup and nice clothes to work. That is because she is no longer working on the assembly line at the General Motors plant in Fort Wayne, Indiana. “I was laid off multiple times, and having a family, you can’t rely on that,” she said. For the past five months, Corwin, 28, has been working at Credit Adjustments, Inc. (CAI), a debt collection agency headquartered in her hometown of Defiance, Ohio, an hour outside the city of Toledo. Corwin was a third-generation manufacturing worker and thought the assembly line was her fate. But now, she no longer has to work overtime and weekends to make ends meet. “I finally have a good work-to-home life balance,” she said, “and I didn’t have that before.” Her two children “love seeing me come home dressed up,” Corwin said. “My son, he compliments me all the time: Wow, Mommy, your hair looks really nice,’ or ‘Wow, Mom, I love your dress,’ because I’m not walking home in dirty jeans and steel-toe boots.” CAI opened its first area call center in downtown Toledo last January, providing 60 new job opportunities, with the goal of adding…

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Jobless Welfare Claims Near a Five-Decade Low

by Tim Pearce   The number of Americans claiming unemployment insurance fell unexpectedly in late September after economists anticipated destruction from Hurricane Florence to hold claim numbers steady. The number of unemployment filings edged back toward the lowest rate in nearly five decades. The four-week moving average fell to the lowest rate since October 1973, according to data released by the Department of Labor Thursday. Roughly 207,000 people filed for initial jobless claims. The amount fell 8,000 from the week prior and outpaced economists’ expectations that the number would continue to sit around 215,000, signaling a stronger labor market that can absorb new workers quickly, according to The Wall Street Journal. “In the week ending September 29, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 8,000 from the previous week’s revised level,” according to the Labor Department. North Carolina, South Carolina and Kentucky posted the largest unemployment numbers, likely due to Hurricane Florence. Many residents in the area might have not filed for benefits yet, which could lead to higher unemployment numbers in those states in the short-term. The unemployment rate for August measured at 3.9 percent. Economists predict the rate will fall slightly to 3.8 percent in September. September’s initial jobs numbers will be…

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Commentary: President Trump’s Pro-American Worker Push Makes Labor Day a Time to Celebrate

Tennessee Star

by Jeffery Rendall   Perhaps it’s fitting heading into Labor Day weekend that we should talk about jobs – not necessarily how many Americans have them versus those that don’t and are still searching, but how conditions are improving in the employment market and who’s reaping the benefits. First came the announcement earlier this week that the United States and Mexico had agreed to ditch the old North American Free Trade Agreement (NAFTA) in favor of a new pact that will help even out trade imbalances between the two countries and hopefully put smiles on the faces of workers above and below the southern border. Naturally President Donald Trump turned the significant occasion into a “must see” TV moment. Jordan Fabian and Vicki Needham reported at The Hill, “President Trump said Monday the U.S. has reached an agreement with Mexico amid contentious talks on revamping the North American Free Trade Agreement (NAFTA)… “’It’s a big day for trade. It’s a big day for our country,’ the president told reporters in the Oval Office, who were summoned to watch Trump speak by phone with outgoing Mexican President Enrique Peña Nieto. “Trump cast doubt on whether Canada would be party to a new trade agreement,…

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Occupational Licensing Reform: A Bipartisan Blueprint for Helping Low-Income Workers

bureaucratic stamps

by Alex Muresianu   A new report from the University of Wisconsin-Madison comparing employment between Minnesota and Wisconsin after Minnesota raised its minimum wage found that Minnesotan workers saw a decline in employment, especially for young, inexperienced, and low-skilled workers, as employment in Wisconsin rose. Despite this evidence reaffirming that the minimum wage can hurt many low-income workers, a $15 an hour minimum wage remains a popular position among progressives, including the rising democratic socialist star and primary upset winner Alexandria Ocasio-Cortes. In light of this push, conservatives need to do more than just rebut progressive arguments for minimum wage hikes or job guarantees. We need to push for a compelling alternative that can raise low-income workers’ wages: occupational licensing reform. Occupational licensing is a form of government regulation that requires workers to obtain a license before they can provide a service. The process for getting a license can be time-consuming and expensive, requiring fees in excess of $1,000, hundreds of hours of training, or even a college degree. Occupational licensing has exploded over the past half-century. In the 1950s, only five percent of jobs required licenses—now almost 30 percent of jobs do. Doctors and lawyers are not the only positions that require licenses: over 8,000 job titles require licenses in at least…

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The Left’s Delusions on Economics and the Slow Decline of Human Employment

Steve Gill

During Monday’s broadcast of The Gill Report – live on WETR 92.3 FM in Knoxville – conservative political commentator and Tennessee Star Political Editor Steve Gill questioned whether the left truly understands the dynamics of equality and economics and how mandating the rise of minimum wage may inadvertently deplete a human work force. Gill pondered, “Among the many things that kind of make me scratch my head and wonder about, well the left and those that don’t understand basic economics – kind of like the woman NBA player complaining about not getting paid as much as men.” He continued: When the WNBA creates 25 million a a year in revenue and the men’s NBA creates 7.4 billion in revenue. You can only pay what’s produced at the gate and until women’s basketball produces more fans more interest more viewership more butts int the seat. Women’s’ basketball players aren’t going to get paid what men’s basketball players get paid when they generate the eyeballs. It’s simple economics. You’re also seeing folks on the left complain that we’ve got to raise the minimum wage. And were seeing it take place around the country. Where some places are seeing $15.00 minimum wage at fast…

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33 Million Working Age Adults with No Disability Are Out of the Labor Force

Unemployment line

By Robert Romano   The U.S. economy added 293,000 jobs in May, according to the household survey published by the Bureau of Labor Statistics, bringing the total to nearly 3.4 million more Americans reporting they have jobs since President Donald Trump took office in Jan. 2017. That averages about 212,000 new jobs every month, to a total of 155.47 million jobs today — which is not bad at all. Between Jan. 2009 and Jan. 2017, during former President Barack Obama’s two terms of office, the economy added 9.9 million jobs, or about 103,000 a month. To be fair, Obama took office during one of the worst recessions in modern history. By Dec. 2009, the job losses reached their peak at 8 million jobs lost. At that stage, 138 million Americans had jobs. If you start counting there, 14 million jobs were added between that point and the end of Obama’s two terms. When you average that out over the 85 months that followed, it comes out to 165,500 new jobs a month. Therefore, Trump’s pace of 212,000 new jobs a month since he took office definitely beats the trendline set by the prior administration. It’s accelerating. That’s the good news. But it’s…

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